PLAN bB: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
PLAN bB
Largest movements
- Financial fixed assets +€1.3m
up €1.3m (+13077.8%), from €10,000 to €1.3m
- Cash -€221,238
down €221,238 (-73.4%), from €301,506 to €80,268
mainly Investment in fixed assets (net) (-€1.3m) and Contributions, distributions and other (-€428,000)
- Current investments -€107,934
down €107,934 (-97.3%), from €110,934 to €3,000
- Tangible fixed assets -€25,357
down €25,357 (-30.2%), from €83,993 to €58,637
of which Furniture and vehicles: -€17,265
- Debts after one year +€763,517
up €763,517 (+1792.8%), from €42,588 to €806,105
- Other debts +€273,351
up €273,351 (+245.9%), from €111,181 to €384,532
- Profit (loss) carried forward -€153,744
down €153,744 (-48.3%), from €318,184 to €164,439
- Current portion of long-term debt +€100,086
up €100,086 (+496.6%), from €20,153 to €120,239
- Short-term financial debts -€40,438
no longer reported in 2025 (was €40,438)
- Financial income -€45,314
down €45,314 (-97.7%), from €46,405 to €1,090
- Gross operating margin +€23,015
up €23,015 (+5.8%), from €396,789 to €419,803
- Financial charges +€20,942
up €20,942 (+441.4%), from €4,745 to €25,687
- Taxes +€5,346
up €5,346 (+6.1%), from €87,640 to €92,986
- Depreciation -€5,116
down €5,116 (-16.0%), from €31,950 to €26,835
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €579,938 | €1,535,620 | +€955,682 | +164.8% |
| Fixed assets | 21/28 | €93,993 | €1,376,413 | +€1.3m | +1364.4% |
| Tangible fixed assets | 22/27 | €83,993 | €58,637 | -€25,357 | -30.2% |
| Plant, machinery and equipment | 23 | €3,762 | €3,603 | -€159 | -4.2% |
| Furniture and vehicles | 24 | €72,298 | €55,033 | -€17,265 | -23.9% |
| Leasing and similar rights | 25 | €7,933 | - | -€7,933 | |
| Financial fixed assets | 28 | €10,000 | €1,317,777 | +€1.3m | +13077.8% |
| Current assets | 29/58 | €485,945 | €159,207 | -€326,738 | -67.2% |
| Amounts receivable within one year | 40/41 | €70,527 | €72,125 | +€1,598 | +2.3% |
| Trade receivables | 40 | €66,225 | €67,824 | +€1,599 | +2.4% |
| Other amounts receivable | 41 | €4,302 | €4,301 | -€1 | 0.0% |
| Current investments | 50/53 | €110,934 | €3,000 | -€107,934 | -97.3% |
| Cash at bank and in hand | 54/58 | €301,506 | €80,268 | -€221,238 | -73.4% |
| Deferred charges and accrued income | 490/1 | €2,978 | €3,814 | +€836 | +28.1% |
| Total equity and liabilities | 10/49 | €579,938 | €1,535,620 | +€955,682 | +164.8% |
| Equity | 10/15 | €338,184 | €184,439 | -€153,744 | -45.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €318,184 | €164,439 | -€153,744 | -48.3% |
| Amounts payable | 17/49 | €241,755 | €1,351,181 | +€1.1m | +458.9% |
| Amounts payable after more than one year | 17 | €42,588 | €806,105 | +€763,517 | +1792.8% |
| Financial debts | 170/4 | €42,588 | €806,105 | +€763,517 | +1792.8% |
| Amounts payable within one year | 42/48 | €199,167 | €539,430 | +€340,263 | +170.8% |
| Current portion of amounts payable after more than one year | 42 | €20,153 | €120,239 | +€100,086 | +496.6% |
| Financial debts | 43 | €40,438 | - | -€40,438 | |
| Credit institutions | 430/8 | €40,438 | - | -€40,438 | |
| Trade debts | 44 | €3,607 | €2,924 | -€683 | -18.9% |
| Suppliers | 440/4 | €3,607 | €2,924 | -€683 | -18.9% |
| Taxes, remuneration and social security | 45 | €23,788 | €31,735 | +€7,947 | +33.4% |
| Taxes | 450/3 | €23,788 | €31,735 | +€7,947 | +33.4% |
| Other amounts payable | 47/48 | €111,181 | €384,532 | +€273,351 | +245.9% |
| Accrued charges and deferred income | 492/3 | - | €5,646 | +€5,646 | |
| Non-recurring operating income | 76A | €13 | - | -€13 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,950 | €26,835 | -€5,116 | -16.0% |
| Other operating charges | 640/8 | €1,044 | €1,131 | +€88 | +8.4% |
| Gross operating margin | 9900 | €396,789 | €419,803 | +€23,015 | +5.8% |
| Operating profit (loss) | 9901 | €363,795 | €391,837 | +€28,043 | +7.7% |
| Financial income | 75/76B | €46,405 | €1,090 | -€45,314 | -97.7% |
| Recurring financial income | 75 | €46,405 | €1,090 | -€45,314 | -97.7% |
| Financial charges | 65/66B | €4,745 | €25,687 | +€20,942 | +441.4% |
| Recurring financial charges | 65 | €4,745 | €25,687 | +€20,942 | +441.4% |
| Profit (loss) for the period before taxes | 9903 | €405,455 | €367,241 | -€38,213 | -9.4% |
| Income taxes | 67/77 | €87,640 | €92,986 | +€5,346 | +6.1% |
| Profit (loss) for the period | 9904 | €317,815 | €274,256 | -€43,559 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €317,815 | €274,256 | -€43,559 | -13.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.